Bank of New York Mellon Corp Acquires New Shares in Natural Grocers by Vitamin Cottage, Inc. $NGVC

Key Points

• Bank of New York Mellon acquired 172,998 shares of Natural Grocers, valued at approximately $5.4 million, representing about 0.75% of the company. Institutional investors and hedge funds collectively own 31.99% of NGVC.
• Analysts maintain a generally positive outlook, with an average rating of “Moderate Buy” and a consensus price target of $47.00. Wall Street Zen upgraded the stock to “Buy,” while Weiss Ratings reiterated a “Hold” rating.
• NGVC recently reported quarterly EPS of $0.48, below the $0.52 consensus estimate, and revenue of $334.74 million versus expectations of $347.17 million. The company also declared a quarterly dividend of $0.15, equivalent to a 2.2% annualized yield.

Bank of New York Mellon Corp purchased a new stake in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 172,998 shares of the specialty retailer's stock, valued at approximately $5,366,000. Bank of New York Mellon Corp owned about 0.75% of Natural Grocers by Vitamin Cottage at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. NewEdge Advisors LLC boosted its position in shares of Natural Grocers by Vitamin Cottage by 105.2% during the fourth quarter. NewEdge Advisors LLC now owns 1,110 shares of the specialty retailer's stock worth $28,000 after buying an additional 569 shares during the period. Tower Research Capital LLC TRC increased its position in shares of Natural Grocers by Vitamin Cottage by 136.5% in the second quarter. Tower Research Capital LLC TRC now owns 1,114 shares of the specialty retailer's stock valued at $44,000 after acquiring an additional 643 shares during the last quarter. Larson Financial Group LLC raised its holdings in Natural Grocers by Vitamin Cottage by 130.9% during the third quarter. Larson Financial Group LLC now owns 1,307 shares of the specialty retailer's stock worth $52,000 after acquiring an additional 741 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Natural Grocers by Vitamin Cottage during the second quarter worth about $63,000. Finally, CANADA LIFE ASSURANCE Co acquired a new position in Natural Grocers by Vitamin Cottage during the second quarter valued at approximately $64,000. Institutional investors and hedge funds own 31.99% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Weiss Ratings reissued a "hold (c+)" rating on shares of Natural Grocers by Vitamin Cottage in a research note on Monday, August 24th. Wall Street Zen upgraded shares of Natural Grocers by Vitamin Cottage from a "hold" rating to a "buy" rating in a research note on Saturday. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Natural Grocers by Vitamin Cottage presently has an average rating of "Moderate Buy" and a consensus price target of $47.00.

Natural Grocers by Vitamin Cottage Stock Performance

Shares of Natural Grocers by Vitamin Cottage stock opened at $27.85 on Friday. The company has a current ratio of 1.10, a quick ratio of 0.25 and a debt-to-equity ratio of 0.18. The company has a market cap of $641.94 million, a PE ratio of 13.52 and a beta of 1.30. The company has a 50 day moving average of $30.27 and a 200-day moving average of $28.58. Natural Grocers by Vitamin Cottage, Inc. has a 1-year low of $23.47 and a 1-year high of $41.14.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last released its earnings results on Thursday, August 6th. The specialty retailer reported $0.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.52 by ($0.04). The business had revenue of $334.74 million during the quarter, compared to the consensus estimate of $347.17 million. Natural Grocers by Vitamin Cottage had a net margin of 3.55% and a return on equity of 21.11%. Natural Grocers by Vitamin Cottage has set its FY 2026 guidance at 2.070-2.110 EPS. As a group, equities research analysts forecast that Natural Grocers by Vitamin Cottage, Inc. will post 2.09 earnings per share for the current fiscal year.

Natural Grocers by Vitamin Cottage Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 2nd. Investors of record on Monday, August 17th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $0.60 annualized dividend and a yield of 2.2%. Natural Grocers by Vitamin Cottage's dividend payout ratio is presently 29.13%.

Natural Grocers by Vitamin Cottage Profile

Natural Grocers by Vitamin Cottage, Inc operates a chain of specialty grocery stores focused on natural and organic products. Founded in 1955 by Margaret and Philip Isely in Lakewood, Colorado, the company has built a reputation on strict product standards, including certified organic produce, non-GMO groceries and dietary supplements. Natural Grocers emphasizes whole, unprocessed foods and carries a broad assortment of private-label and national brands that meet its quality guidelines.

The company's core offerings include fresh fruits and vegetables, bulk foods, vitamins, minerals and nutritional supplements, as well as natural body care and household items.

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